DeGRAM

GOLD return to the growing trend

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday's price jump was false.
Gold broke the strong support at 1786.51.
However, it has now returned to this position.
The price is in the zone 1786.06.
At this point, the August channel line and the 2020 support line + February 2020 support line intersect.
I expect the price to take advantage of the support.
It will grow from the support zone to the resistance line (the border of the falling channel).
Target - 1834.04.

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